Electricity prices in Europe are expected to remain volatile through 2025, with Italy projected to have some of the highest rates among major European economies. This trend reflects the ongoing challenges in the energy sector, including the transition to renewable sources and the impact of geopolitical events on supply chains. Despite efforts to stabilize the market, prices still have not returned to pre-pandemic levels, such as in countries like Italy, where prices are forecast to reach ****** euros per megawatt hour in September 2025. Natural gas futures shaping electricity costs The electricity market's future trajectory is closely tied to natural gas prices, a key component in power generation. Dutch TTF gas futures, a benchmark for European natural gas prices, are projected to be ***** euros per megawatt hour in July 2025. The reduced output from the Groningen gas field and increased reliance on imports further complicate the pricing landscape, potentially contributing to higher electricity costs in countries like Italy. Regional disparities and global market influences While European electricity prices remain high, significant regional differences persist. For instance, natural gas prices in the United States are expected to be roughly one-third of those in Europe by March 2025, at **** U.S. dollars per million British thermal units. This stark contrast highlights the impact of domestic production capabilities on global natural gas prices. Europe's greater reliance on imports, particularly in the aftermath of geopolitical tensions and the shift away from Russian gas, continues to keep prices elevated compared to more self-sufficient markets. As a result, countries like Italy may face sustained pressure on electricity prices due to their position within the broader European energy market. As of August 2025, electricity prices in Italy have decreased to ****** euros per megawatt hour, reflecting ongoing volatility in the market.

Energy Prices In the Euro Area decreased to 144.13 points in October from 144.37 points in September of 2025. This dataset includes a chart with historical data for Euro Area Energy Prices.

In the second half of 2024, the electricity prices for household end users (including taxes, levies, and VAT) in the European Union decreased compared to 2024. Electricity prices in the European Union peaked in 2023, reaching 29.37 euro cents per kilowatt-hour.The prices include electricity/basic price, transmission, system services, meter rental, distribution, and other services.

European statistics on electricity prices for household and final non-household customers.

European Union - Electricity prices: Medium size households was EUR0.29 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Electricity prices: Medium size households - last updated from the EUROSTAT on December of 2025. Historically, European Union - Electricity prices: Medium size households reached a record high of EUR0.29 Kilowatt-hour in December of 2023 and a record low of EUR0.17 Kilowatt-hour in December of 2010.

In 2024, Germany recorded the highest residential electricity price for users within Europe, at 44.11 euro cents per kilowatt-hour. This was followed by Ireland, at 36.11 euro cents per kilowatt-hour. Italy, Cyprus, Belgium, Denmark and Czechia were also among the countries with the highest electricity costs.

View monthly updates and historical trends for European Union Consumer Price Index: Energy. Source: Eurostat. Track economic data with YCharts analytics.

TTF Gas fell to 27.92 EUR/MWh on December 3, 2025, down 0.17% from the previous day. Over the past month, TTF Gas's price has fallen 14.22%, and is down 40.94% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas - values, historical data, forecasts and news - updated on December of 2025.

Euro Area - Electricity prices: Non-household, medium size consumers was EUR0.09 Kilowatt-hour in December of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Electricity prices: Non-household, medium size consumers - last updated from the EUROSTAT on December of 2025. Historically, Euro Area - Electricity prices: Non-household, medium size consumers reached a record high of EUR0.10 Kilowatt-hour in December of 2012 and a record low of EUR0.08 Kilowatt-hour in December of 2017.

France - Electricity prices: Medium size households was EUR0.28 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - Electricity prices: Medium size households - last updated from the EUROSTAT on December of 2025. Historically, France - Electricity prices: Medium size households reached a record high of EUR0.28 Kilowatt-hour in December of 2024 and a record low of EUR0.13 Kilowatt-hour in December of 2010.

European statistics on natural gas prices for household and final non-household customers.

Graph and download economic data for Harmonized Index of Consumer Prices: Energy for Euro Area (19 Countries) (ENRGY0EZ19M086NEST) from Dec 1999 to Oct 2025 about energy, Euro Area, harmonized, Europe, CPI, price index, indexes, and price.

Electricity Price: HC: Between 1000 & 2499 KwH: excl Taxes & Levies: EA data was reported at 0.273 EUR/kWh in Dec 2024. This records a decrease from the previous number of 0.276 EUR/kWh for Jun 2024. Electricity Price: HC: Between 1000 & 2499 KwH: excl Taxes & Levies: EA data is updated semiannually, averaging 0.157 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.296 EUR/kWh in Jun 2023 and a record low of 0.129 EUR/kWh in Dec 2007. Electricity Price: HC: Between 1000 & 2499 KwH: excl Taxes & Levies: EA data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.P001: Eurostat: Electricity Price: Household Consumers.

In 2024, Ireland recorded the highest electricity prices in the European Union for non-household consumers, with prices of 20.69 and 25.56 euro cents per kilowatt-hour for annual consumption levels of 20,000 to 70,000 megawatt-hours and 500 and 2,000 megawatt-hours, respectively. Finland recorded the lowest prices in the same period.

Spain - Electricity prices: Non-household, medium size consumers was EUR0.12 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Spain - Electricity prices: Non-household, medium size consumers - last updated from the EUROSTAT on December of 2025. Historically, Spain - Electricity prices: Non-household, medium size consumers reached a record high of EUR0.18 Kilowatt-hour in December of 2022 and a record low of EUR0.08 Kilowatt-hour in December of 2020.

Annual national average electricity prices, in euro per kWh, charged to medium size households (annual consumption between 2500 and 5000 kWh) and medium size non-household consumers (annual consumption between 500 MWh and 2000 MWh). Prices include energy, supply and network costs, plus VAT and the rest of taxes.

European Union - Electricity prices: Non-household, medium size consumers was EUR0.16 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Electricity prices: Non-household, medium size consumers - last updated from the EUROSTAT on December of 2025. Historically, European Union - Electricity prices: Non-household, medium size consumers reached a record high of EUR0.19 Kilowatt-hour in December of 2023 and a record low of EUR0.08 Kilowatt-hour in December of 2017.

European statistics on natural gas prices for household and final non-household customers.

Graph and download economic data for Harmonized Index of Consumer Prices: Electricity, Gas and Other Fuels for Euro Area (19 Countries) (CP0450EZ19M086NEST) from Dec 1999 to Oct 2025 about fuels, electricity, Euro Area, harmonized, gas, Europe, CPI, price index, indexes, and price.